CBO Director on growing U.S. debt: Even modestly low interest rates won't change fiscal trajectory

How is it not a crisis? its more money than the Military.. and we have the most expensive Military in the history of the world. ---- 900 Billion in interest payments. -----

The government needs to stop handing out money to buy votes. If the government hadn’t handed out $2T, there wouldn’t be a big inflation problem and the FOMC would have no problem cutting rates. The federal government needs to close all the loopholes billionaires use to pay no taxes. That might not balance the budget, but it would go a long way and it would give the government the moral authority to tax for what it spends.

Like Charlie Munger said. “If you jump out the window at the 42nd floor and you’re still doing fine as you pass the 27th floor, that doesn’t mean you don’t have a serious problem”. We could cut Military spending in half and not even notice. We spend more than the next 10 largest countries combined.

For scale, the GDP of South America is $4.04 trillion.

Kennedy 2024!!!! Only one talking about national debt!!!

Uncontrollable spending by either party, soon or later dollars will collapse

Hate to say it, but the U.S. debt scenario is well beyond saving. Your time under the sun is steadily getting cloudier. >...................................:|

The US should sell some states to pay back the debts

Lowering rates means there's more borrowing and more debt! LOL! I think if the Congressional Budget Office took a look at the revenue side of the situation a different picture would emerge. (Republicans cut taxes on almost everything that wasn't employment, then refused to address the deficit situation. Turns out some influential policy makers really like debt!) You can't talk honestly about deficits and debts until you start talking about taxes. It's not the 70s anymore, this routine has gotten extremely old.

I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

China waiting 😂 better fix your domestic issue help yourselves and not others first

Dude looks like a psychopath..

Dont ask what your country can do for you, ask what you can do for Ukraine- quote by modern day democrats.